There’s a lot to be learned if you want to manage your money effectively. You have to know how to set aside money in the first place and then know where to invest it once you have it.

It all starts with spending. Some people spend too much money, failing to save for unplanned events and important priorities. Others are too miserly – they’re so focused on the future that they don’t enjoy what they have today.

Find out where you stack up!

The good people at MSN have developed the Savvy Spending Quiz to test your money management skills. Just answer the 20 questions – it will take you less than 10 minutes – to know how you stack up!